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A company purchases one of its raw materials from a particular supplier whose delivery times can vary. Details of lead times and production are as
A company purchases one of its raw materials from a particular supplier whose delivery times can vary. Details of lead times and production are as follows:
tableMaximum lead time, daysAverage lead time, daysMinimum lead time, daysMaximum usage, per dayAverage usage, per dayMinimum usage, per day
What should be the reorder level for this raw material?
table
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